http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-19.htmlEURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4840 level and was capped around the $1.4965 level.  Weakness in global equity markets, particularly in U.S. shares, resulted in less demand for higher-yielding assets denominated in euro and other currencies.  Traders reduced their long exposure to risk today and many dealers believe this is a trade that could continue through the end of the year as positions areThu, 19 Nov 2009 23:47:20 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-19.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-19.htmlEURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4840 level and was capped around the $1.4965 level.  Weakness in global equity markets, particularly in U.S. shares, resulted in less demand for higher-yielding assets denominated in euro and other currencies.  Traders reduced their long exposure to risk today and many dealers believe this is a trade that could continue through the end of the year as positions areThu, 19 Nov 2009 23:47:20 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-19.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-18.v02.htmlEURO The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4990 level and was supported around the $1.4860 level.  The common currency was partially propelled higher by very dovish comments from St. Louis Federal Reserve Bank President Bullard who reported “If you look at the last two recessions, in each case the FOMC watied two and a half-to-three years before we started our tightening campaign.  If we took that as aWed, 18 Nov 2009 23:20:24 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-18.v02.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-18.v02.htmlEURO The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4990 level and was supported around the $1.4860 level.  The common currency was partially propelled higher by very dovish comments from St. Louis Federal Reserve Bank President Bullard who reported “If you look at the last two recessions, in each case the FOMC watied two and a half-to-three years before we started our tightening campaign.  If we took that as aWed, 18 Nov 2009 23:20:24 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-18.v02.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-17.htmlEURO The euro fell sharply vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4810 level and was capped around the $1.5000 figure.  Dealers cited some carryover demand following U.S. dollar-supportive comments and verbal intervention from Federal Reserve Chairman Bernanke yesterday.  Bernanke noted the Fed supports a strong dollar, wading into generally unfamiliar ground for Fed chairmen and officials.  European Central Bank President TrichetTue, 17 Nov 2009 23:05:06 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-17.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-17.htmlEURO The euro fell sharply vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4810 level and was capped around the $1.5000 figure.  Dealers cited some carryover demand following U.S. dollar-supportive comments and verbal intervention from Federal Reserve Chairman Bernanke yesterday.  Bernanke noted the Fed supports a strong dollar, wading into generally unfamiliar ground for Fed chairmen and officials.  European Central Bank President TrichetTue, 17 Nov 2009 23:05:06 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-17.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-16.htmlEURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.5015 level and was supported around the $1.4880 level.  Federal Reserve Chairman Bernanke spoke today and said “headwinds” of reduced bank lending and a weaker labour market will restrain the pace of economic growth in the U.S. economy.  Bernanke also verbally intervened to support the U.S. dollar, saying the Fed is “attentive” to its value and “will help ensure that theMon, 16 Nov 2009 21:53:16 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-16.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-16.htmlEURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.5015 level and was supported around the $1.4880 level.  Federal Reserve Chairman Bernanke spoke today and said “headwinds” of reduced bank lending and a weaker labour market will restrain the pace of economic growth in the U.S. economy.  Bernanke also verbally intervened to support the U.S. dollar, saying the Fed is “attentive” to its value and “will help ensure that theMon, 16 Nov 2009 21:53:16 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-16.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-15.htmlEURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4900 figure and was supported around the $1.4825 level. U.S. equity markets added to recent gains and this prompted more risk-taking in higher-yielding currencies, sending the common currency higher.  Data released in the U.S. today saw the September trade deficit widen to –US$ 36.5 billion from a revised August total of –US$ 30.8 billion while the October import price index wasSun, 15 Nov 2009 22:08:03 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-15.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-15.htmlEURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4900 figure and was supported around the $1.4825 level. U.S. equity markets added to recent gains and this prompted more risk-taking in higher-yielding currencies, sending the common currency higher.  Data released in the U.S. today saw the September trade deficit widen to –US$ 36.5 billion from a revised August total of –US$ 30.8 billion while the October import price index wasSun, 15 Nov 2009 22:08:03 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-15.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-12.htmlEURO The euro depreciated sharply vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4950 level and was capped around the $1.5050 level.  U.S. Treasury Secretary Geithner today in Singapore said “(The U.S.) is likely to have to borrow substantially less than we initially anticipated to help repar the damage to our financial system.”  Geithner yesterday verbally intervened to support the U.S. dollar and his comments make it clear the U.S. is trying toThu, 12 Nov 2009 22:19:20 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-12.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-12.htmlEURO The euro depreciated sharply vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4950 level and was capped around the $1.5050 level.  U.S. Treasury Secretary Geithner today in Singapore said “(The U.S.) is likely to have to borrow substantially less than we initially anticipated to help repar the damage to our financial system.”  Geithner yesterday verbally intervened to support the U.S. dollar and his comments make it clear the U.S. is trying toThu, 12 Nov 2009 22:19:20 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-12.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-11.v02.htmlEURO The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4950 level and was capped around the $1.5050 level.  Liquidity was lighter than normal today, especially with most of the U.S. banking system closed for the Veterans Day holiday.  U.S. equity markets pressed higher as some dealers extended their growing risk appetite.  Data to be released in the U.S. tomorrow include weekly initial jobless claims and continuing claimsWed, 11 Nov 2009 22:16:56 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-11.v02.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-11.v02.htmlEURO The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4950 level and was capped around the $1.5050 level.  Liquidity was lighter than normal today, especially with most of the U.S. banking system closed for the Veterans Day holiday.  U.S. equity markets pressed higher as some dealers extended their growing risk appetite.  Data to be released in the U.S. tomorrow include weekly initial jobless claims and continuing claimsWed, 11 Nov 2009 22:16:56 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-11.v02.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-11.htmlEURO The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4940 level and was capped around the $1.5020 level.  There were no major data released in the U.S. today and liquidity is expected to be lighter tomorrow as some banks will be closed for the U.S. Veteran’s Day holiday.  Atlanta Fed President Lockhart said weakness in the commercial banking sector should not be a “show stopper” while San Francisco Fed President Yellen reportedWed, 11 Nov 2009 01:44:03 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-11.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-11.htmlEURO The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4940 level and was capped around the $1.5020 level.  There were no major data released in the U.S. today and liquidity is expected to be lighter tomorrow as some banks will be closed for the U.S. Veteran’s Day holiday.  Atlanta Fed President Lockhart said weakness in the commercial banking sector should not be a “show stopper” while San Francisco Fed President Yellen reportedWed, 11 Nov 2009 01:44:03 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-11.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-09.htmlEURO The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4810 level and was capped around the $1.4915 level.  Group of Twenty officials convened in St. Andrews, Scotland this weekend and did not offer any fresh support for the beleaguered U.S. dollar.  Additionally, the International Monetary Fund issued a report at the G20 that indicated the U.S. dollar is moving closer to “medium-term equilibrium” but added the dollarMon, 09 Nov 2009 22:56:24 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-09.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-09.htmlEURO The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4810 level and was capped around the $1.4915 level.  Group of Twenty officials convened in St. Andrews, Scotland this weekend and did not offer any fresh support for the beleaguered U.S. dollar.  Additionally, the International Monetary Fund issued a report at the G20 that indicated the U.S. dollar is moving closer to “medium-term equilibrium” but added the dollarMon, 09 Nov 2009 22:56:24 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-09.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-08.htmlEURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4810 level and was capped around the $1.4915 level.   The major news in the markets today revolved around the U.S. October non-farm payrolls report where it was indicated the unemployment rate jumped to a 26-year high of 10.2%, far above the 9.8% prior reading and above expectations.  Similarly, the change in non-farm payrolls was off 190,000, worse-than-expected andSun, 08 Nov 2009 21:52:14 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-08.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-08.htmlEURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4810 level and was capped around the $1.4915 level.   The major news in the markets today revolved around the U.S. October non-farm payrolls report where it was indicated the unemployment rate jumped to a 26-year high of 10.2%, far above the 9.8% prior reading and above expectations.  Similarly, the change in non-farm payrolls was off 190,000, worse-than-expected andSun, 08 Nov 2009 21:52:14 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-08.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-05.htmlEURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4810 level and was capped around the $1.4915 level.   Data released in the U.S. today saw Q3 non-farm productivity increase to 9.5% from the revised prior reading of 6.9% while Q3 unit labour costs were off 5.2%, up from a revised -6.1%.  Also, weekly initial jobless claims continued to move lower, printing at +512,000, down from a revised 532,000 with continuing joblessThu, 05 Nov 2009 22:13:52 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-05.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-05.htmlEURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4810 level and was capped around the $1.4915 level.   Data released in the U.S. today saw Q3 non-farm productivity increase to 9.5% from the revised prior reading of 6.9% while Q3 unit labour costs were off 5.2%, up from a revised -6.1%.  Also, weekly initial jobless claims continued to move lower, printing at +512,000, down from a revised 532,000 with continuing joblessThu, 05 Nov 2009 22:13:52 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-05.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-04.htmlEURO The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4845 level and was supported around the $1.4700 figure.   Fresh gains in U.S. equity markets added to the growing view that risk appetite is expanding, favouring currencies with positive interest rate differentials such as the euro and sterling.  Also, the Reserve Bank of India announced it purchased 200 metric tons of gold yesterday, the latest indicationWed, 04 Nov 2009 22:04:42 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-04.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-04.htmlEURO The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4845 level and was supported around the $1.4700 figure.   Fresh gains in U.S. equity markets added to the growing view that risk appetite is expanding, favouring currencies with positive interest rate differentials such as the euro and sterling.  Also, the Reserve Bank of India announced it purchased 200 metric tons of gold yesterday, the latest indicationWed, 04 Nov 2009 22:04:42 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-04.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-03.htmlEURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4625 level and was capped around the $1.4810 level.  Data released in the U.S. today saw September factory orders climb 0.9%, a sharp reversal from the August reading of -0.8%, with the ex-transportation component up 0.9%.  These data were just above expectations and are supportive of the view the U.S. economy expanded in the third quarter.  The big news in the marketTue, 03 Nov 2009 22:40:00 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-03.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-03.htmlEURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4625 level and was capped around the $1.4810 level.  Data released in the U.S. today saw September factory orders climb 0.9%, a sharp reversal from the August reading of -0.8%, with the ex-transportation component up 0.9%.  These data were just above expectations and are supportive of the view the U.S. economy expanded in the third quarter.  The big news in the marketTue, 03 Nov 2009 22:40:00 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-03.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-02.htmlEURO The euro moved moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4845 level and was supported around the $1.4685 level.  U.S. equity markets added to recent gains and the single currency improved today, partially as a result of the increased risk appetite in the markets.  Many data were released in the U.S. today. First, October ISM manufacturing improved to 55.7 from the September reading of 52.6 with the October ISM prices paidMon, 02 Nov 2009 22:35:54 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-02.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-02.htmlEURO The euro moved moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4845 level and was supported around the $1.4685 level.  U.S. equity markets added to recent gains and the single currency improved today, partially as a result of the increased risk appetite in the markets.  Many data were released in the U.S. today. First, October ISM manufacturing improved to 55.7 from the September reading of 52.6 with the October ISM prices paidMon, 02 Nov 2009 22:35:54 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-02.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-01.htmlEURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4705 level and was capped around the $1.4855 level. The common currency’s month-ending sell-off coincided with a sharp pullback in U.S. equities prices, evidencing a further reduction in risk appetite.  Many data were released in the U.S. today. First, September personal income came in at 0.0%, down from a revised 0.1% in August, while September personal spending met expectationsSun, 01 Nov 2009 22:37:42 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-11-01.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-01.htmlEURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4705 level and was capped around the $1.4855 level. The common currency’s month-ending sell-off coincided with a sharp pullback in U.S. equities prices, evidencing a further reduction in risk appetite.  Many data were released in the U.S. today. First, September personal income came in at 0.0%, down from a revised 0.1% in August, while September personal spending met expectationsSun, 01 Nov 2009 22:37:42 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-11-01.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-29.htmlEURO The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4860 level and was supported around the $1.4685 level.  A sharp gain in U.S. equities precipitated greater demand for the common currency with more demand for riskier assets. There remains a strong positive correlation between U.S. equity prices and the price of the euro.  Stronger than expected U.S. gross domestic product data cemented the increase for risk as Q3 GDPThu, 29 Oct 2009 22:07:56 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-29.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-29.htmlEURO The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4860 level and was supported around the $1.4685 level.  A sharp gain in U.S. equities precipitated greater demand for the common currency with more demand for riskier assets. There remains a strong positive correlation between U.S. equity prices and the price of the euro.  Stronger than expected U.S. gross domestic product data cemented the increase for risk as Q3 GDPThu, 29 Oct 2009 22:07:56 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-29.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-28.v02.htmlSTERLING The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4690 level and was capped around the $1.4840 level.  The common currency extended its sell-off as dealers reduced their exposure to riskier, higher-yielding assets and moved into assets perceived as safe havens.  One indication of this change in market sentiment was the Australian dollar, a higher-yielding currency that tumbled after Australian economic data came inWed, 28 Oct 2009 22:22:14 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-28.v02.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-28.v02.htmlSTERLING The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4690 level and was capped around the $1.4840 level.  The common currency extended its sell-off as dealers reduced their exposure to riskier, higher-yielding assets and moved into assets perceived as safe havens.  One indication of this change in market sentiment was the Australian dollar, a higher-yielding currency that tumbled after Australian economic data came inWed, 28 Oct 2009 22:22:14 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-28.v02.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-28.htmlSTERLING The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4690 level and was capped around the $1.4840 level.  The common currency extended its sell-off as dealers reduced their exposure to riskier, higher-yielding assets and moved into assets perceived as safe havens.  One indication of this change in market sentiment was the Australian dollar, a higher-yielding currency that tumbled after Australian economic data came inWed, 28 Oct 2009 22:17:09 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-28.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-28.htmlSTERLING The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4690 level and was capped around the $1.4840 level.  The common currency extended its sell-off as dealers reduced their exposure to riskier, higher-yielding assets and moved into assets perceived as safe havens.  One indication of this change in market sentiment was the Australian dollar, a higher-yielding currency that tumbled after Australian economic data came inWed, 28 Oct 2009 22:17:09 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-28.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-27.htmlEURO The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4770 level and was capped around the $1.4925 level. Technically, today’s intraday high was right around the 23.6% retracement of the move from $1.4480 to $1.5060 while today’s intraday low was right around the 50% of the same range.  Traders reduced exposure to the common currency after U.S. October consumer confidence printed at 47.7, far below the revised 53.4 result fromTue, 27 Oct 2009 21:50:30 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-27.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-27.htmlEURO The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4770 level and was capped around the $1.4925 level. Technically, today’s intraday high was right around the 23.6% retracement of the move from $1.4480 to $1.5060 while today’s intraday low was right around the 50% of the same range.  Traders reduced exposure to the common currency after U.S. October consumer confidence printed at 47.7, far below the revised 53.4 result fromTue, 27 Oct 2009 21:50:30 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-27.htmlhttp://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-26.htmlEURO The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4845 level and was capped around the $1.5060 level.  The common currency established a fresh multi-month high before eroding and moving away from the psychologically-important US$ 1.5000 figure.  The common currency failed to sustain gains it scored after a People’s Bank of China research report was released that favoured more euro purchases by the central bank. Mon, 26 Oct 2009 21:53:54 GMThttp://www.fxstreet.com/technical/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/technical/market-view/us-forex-market-commentary/2009-10-26.htmlhttp://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-26.htmlEURO The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4845 level and was capped around the $1.5060 level.  The common currency established a fresh multi-month high before eroding and moving away from the psychologically-important US$ 1.5000 figure.  The common currency failed to sustain gains it scored after a People’s Bank of China research report was released that favoured more euro purchases by the central bank. Mon, 26 Oct 2009 21:53:54 GMThttp://www.fxstreet.com/fundamental/market-view/info@gcitrading.com (GCI)http://www.fxstreet.com/fundamental/market-view/us-forex-market-commentary/2009-10-26.html